TULSA, Okla., Jan. 13 /PRNewswire-FirstCall/ -- The board of directors of the general partner of ONEOK Partners, L.P. (NYSE: OKS) today announced its quarterly cash distribution of $1.08 per unit, effective for the fourth quarter 2008, resulting in an annualized cash distribution of $4.32 per unit. The distribution is unchanged from the third quarter 2008 and is payable Feb. 13, 2009, to unitholders of record as of Jan. 30, 2009.

ONEOK Partners has increased its distribution 35 percent since April 2006, when a subsidiary of ONEOK, Inc. became general partner.

ONEOK Partners, L.P. (NYSE: OKS) is one of the largest publicly traded limited partnerships, and is a leader in the gathering, processing, storage and transportation of natural gas in the U.S. and owns one of the nation's premier natural gas liquids (NGL) systems, connecting much of the natural gas and NGL supply in the Mid-Continent with key market centers. Our general partner is a wholly owned subsidiary of ONEOK, Inc. (NYSE: OKE), a diversified energy company, which owns 47.7 percent of the overall partnership interest. ONEOK is one of the largest natural gas distributors in the United States, and its energy services operation focuses primarily on marketing natural gas and related services throughout the U.S.

For more information on ONEOK Partners, visit the Web site at http://www.oneokpartners.com.

Some of the statements contained and incorporated in this news release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements relate to financial adjustments in connection with the accelerated share repurchase program and other matters. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements in certain circumstances. OKS-FD

    Analyst Contact: Christy Williamson
                     918-588-7163
    Media Contact:   Megan Washbourne
                     918-588-7572

SOURCE ONEOK Partners, L.P.